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Power Finance Corp. Q1 net falls 4%

Power Finance Corp. Q1 net falls 4%
PTI
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First Published: Wed, Jul 16 2008. 12 36 PM IST
Updated: Wed, Jul 16 2008. 09 05 PM IST
Mumbai: Power Finance Corp has reported a net profit of Rs296.30 crore for the first quarter ended June 2008, a drop of 4% decline over the corresponding period a year-ago.
“The firm had a net profit of Rs 308.65 crore in the first quarter of FY 2008,” the company said in a filing to the Bombay Stock Exchange.
The total income during the recently concluded quarter surged to Rs1,441.60 crore from Rs 1,145.81 crore in the same period a year ago.
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First Published: Wed, Jul 16 2008. 12 36 PM IST